London
Labubu maker Pop Mart sets up London hub for European push
The company will open 27 new stores in Europe in the coming year
Even London’s ever-optimistic brokers see gloom for luxury homes
Savills predicted that prices would drop 4% in 2025 – its most bearish call in years
London’s vanishing office buildings are being replaced by hotels
Soaring inflation and higher interest rates following the pandemic are upending the city’s office market, and causing values to fall
London’s living standards rise twice as quickly as rest of UK
The country households have suffered dismal living standards growth in the past decade
Rent in London’s poshest postcodes down for the first time in four years
Rental values across prime London fall 0.6% year on year in December, according to data from LonRes
London retains top spot in own global financial centre survey for sixth year
Singapore came in third place again
London apartments are cheap – for a reason
[LONDON] London property prices have fallen 15 per cent in real terms over the past decade, with apartments 22 per cent cheaper and one in seven selling at a loss.
London now most likely place to see homes sell at a loss in UK: report
Pricier ground leases, expensive service charges and tougher regulation for buy-to-let investors have weighed on the values of the UK capital’s apartments
London’s luxury home market has its worst year since Covid-19
While 2024 brought in at least four £50 million-plus deals, the biggest transactions this year are around the £40 million mark
The real price of a London apartment has sunk 22% in the last decade
A series of factors, from Brexit to tax hikes, have reined in a market once seen as overvalued
